Working from home boosted growth by expanding disability employment
Individuals with a disability have remarkably low employment rates compared to the rest of the population. This column examines whether the rapid rise in the
Gold rises as Fed flags economic uncertainty; Sino-US trade talks in focus
Gold climbed on Thursday after the Federal Reserve warned of rising inflation and labor market risks fuelling economic uncertainty, while investors awaited the outcome of
Roaring tariffs: The global impact of the 2025 US trade war
Sweeping US tariff increases in 2025 are upending global trade. This column draws on new data and simulations to show that, even with partial suspensions,
Avoiding Kindleberger’s trap: A dollar coalition of the willing
In the event of dysfunction in dollar funding markets, the Federal Reserve can supply liquidity through standing central bank swaps. This column considers a scenario
Redirecting Chinese exports from the US: Evidence on trade deflection from the first US-China trade war
With the prospect of far-reaching decoupling of goods trade between China and the US, fears of deflection of Chinese exports to third markets have returned.
